Professional Documents
Culture Documents
Presented by:
HARISH KHYANI
ROLL NO-131345
INTRODUCTION
Financial statements provide an account of a companys past
performance, a picture of its current financial strength and a glimpse into
the future potential of a firm.
Financial reports are made with using the information taken from
financial statements of the company.
New functioning approach can be implemented by understanding
financial analysis of the company.
Financial statements are intended to provide the base for tax
assessments.
COMPANY PROFILE
IDBI Federal insurance is a joint venture of IDBI Bank, Federal Bank and Ageas a
multinational insurance giant based out of Europe.
IDBI Federal started in March 2008 and within few months of inception it became one of the
fastest growing new insurance companies to garner Rs 100 Cr. in premium.
The company offers its services through a vast nationwide network 2,308 partner bank
branches of IDBI Bank and Federal Bank in addition to a sizeable network of advisors and
partners.
As on 31st December 2013, the company has issued nearly 5.5 lakh policies with a sum
assured of over Rs. 32,110.48 crores.
LIFESURANCE POLICY
Life insurance is a long term financial instrument. By investing in
Lifesurance you are making a long-term commitment towards building your
savings. With Lifesurance, you have the freedom to plan your life goals as
per your current finances.
CHILDSURANCE POLICY
Chilsurance Savings is ideal for parents, grand parents and legal guardians to
designed to help you ensure that your childs future financial needs are
fulfilled.
This plan is designed to give you guaranteed annual payouts to aid the crucial
INCOMESURANCE POLICY
Life is uncertain. In this uncertainty, we always look for things that give us
some guarantee of what lies ahead in our lives. When it comes to our
investments, the assurance of guarantee becomes even more important.
C.R
0.8
0.6
0.4
0.2
0
2009
2010
2011
2012
2013
As the current ratio is more than 1 throughout the 5 years company is able to pay
its short term liabilities without any financial problem.
ROE
0.05
As the company was not generating any profits from the period of 2009-2012 because of less premiums in that years and high operating expenses,it was generating negative income because it was new entrance to
0
2009
-0.05
insurance industry.
-0.1
2010
2011
2012
2013
ROE
As the company was not generating any profits from the period of 2009-2012 because of less premiums in that years and high operating expenses,it was generating negative income because it was new entrance to
-0.15
insurance industry.
-0.2
-0.25
-0.3
R.O.R
0.05
0
2009
-0.05
-0.1
2010
2011
2012
2013
R.O.R
-0.15
-0.2
-0.25
-0.3
-0.35
-0.4
As the company is not earning profits from 2009-2012 ,so its Return on Revenue is
negative but as per the results from every year,its operating expenses are decreasing
every year which is one of the reason for the company to achieve break-even point faster.
ROA
0.05
0
2009
2010
2011
2012
2013
-0.05
ROA
-0.1
-0.15
The company
is not getting any return on its assets because every one rupee investment on assets they
-0.2
are getting a loss of 0.17 on that rupee during the year 2009 and for the past five years loss is getting
reduced and in the year 2013 the company is getting a small return of 0.003 which is equivalent to
zero.
EARNED)*100
O.E
40
35
30
25
Operating efficiency
of the company is improving every year as the amount spend on expenses is decreasing
O.E with increase in premiums
20 company is managing to cut down its cost where ever its possible and improving the company functionality .
every year.The
15
10
5
0
2009
2010
2011
2012
2013
COMPARATIVE ANALYSIS
Rs000
The company could not raise capital through equity because it has to pay high interest on
debts,which will affect the net profit of the company.Total assets of the company has increased to
much extent in the year 2010 compared to 2009.
Rs000
The equity capital has increased to 50% which will be improving the performance of
the company and the net worth of the company has also increaed by 60% which
makes the company more stable.
Rs000
Company didnt perform better in the year 2012 compared to 2011 as there
is decrease in Total Income of the company and there is not much
difference in the liquidity of the company. Liability of the company has
also decreased which will have the good impact.
Rs000
The company has achieved the break- even point in the year 2013
and made a profit of 92432000. The company on the basis of 2012
and 2013 performance is expecting much increase in profit .
THANK YOU!!!